Forbearance predictably declined across the board last week as exits accelerated, but more borrowers are going into plan modifications because they are still struggling to recover their pre-pandemic ...

The CFPB established temporary special safeguards to ensure that borrowers have time before foreclosure to explore other options of repayment, including loan modifications and selling their home. More ...

Mortgage forbearance is still a reality for many borrowers and servicers, more than 10 months after the Coronavirus Aid, Relief and Economic Security Act (CARES Act) took effect on March 27, 2020.

Banks and mortgage servicers have been expecting an avalanche of requests for loan modifications when federal mortgage forebearance rules were announced last year. But the further out the deadline ...

If you want to refinance your mortgage but you’re enrolled in a forbearance program, generally, you must first end the forbearance and meet certain conditions. Refinancing involves paying off your ...

Forbearance rate drops to 0.26%, indicating continued resilience in servicing portfolio performance. The Mortgage Bankers Association says there was a three basis point decrease in the total number of ...